# UC San Diego Foundation - Intermediate Total Return Fund

UC San Diego Foundation - Intermediate Total Return Fund is an Endowment / Foundation based in La Jolla, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** La Jolla, United States
- **Region:** North America
- **Address:** La Jolla, California, United States
- **Founded:** 1992
- **Assets under management:** Undisclosed
- **Website:** foundation.ucsd.edu
- **LinkedIn:** https://foundation.ucsd.edu

## Regulatory record

- **Reports private funds:** No

## About

The Intermediate Total Return Fund was created by the UC San Diego Foundation Board of Trustees on January 1, 1992. It functions as a distinct investment pool for current funds not required for immediate expenditure. Leo Spiegel serves as board chair while Pradeep K. Khosla holds the dual role of UC San Diego chancellor and foundation president. The fund pursues a total-return mandate across real assets. Confirmed holdings include a university real-estate portfolio in San Diego. Geographic exposure centers on California and Massachusetts. The structure permits direct real-estate positions and participation in the NACUBO-Commonfund Study of Endowments. Additional vehicles operated by the foundation include a donated-vehicle program and a cryptocurrency gift program. Both sit alongside the Intermediate Total Return Fund within the same entity. No recent operational events from the last 24 months appear in available records. Governance rests with the foundation board rather than a separate investment committee. Trustees such as Greg Papadopoulos and Pelin Thorogood bring external investment and operating experience that informs allocation decisions.

## Sectors

- Real Estate

## People

- Leo Spiegel — Chair of the Foundation Board
- Sandra Timmons — Chair-elect of the Foundation Board
- Pradeep K. Khosla — Chancellor of UC San Diego and President of the Foundation
- Greg Papadopoulos — Trustee
- Pelin Thorogood — Vice Chair

## Questions

### Who runs investment decisions at the Intermediate Total Return Fund?

The UC San Diego Foundation Board of Trustees sets policy. Leo Spiegel serves as chair and Greg Papadopoulos participates as trustee.

### Does the fund participate in fund commitments or only direct deals?

### What asset classes appear in the portfolio?

Real estate and real assets form the visible allocation. The fund also accepts cryptocurrency gifts.

## Related profiles

- [Universal Health Care Foundation of Connecticut](https://altss.com/profile/universal-health-care-foundation-of-connecticut)
- [Henry and Ruth Blaustein Rosenberg Foundation](https://altss.com/profile/henry-and-ruth-blaustein-rosenberg-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

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